JPMorgan Chase

Residential Structured Finance Banking - Associate

About the Employer

Job Description

J.P. Morgan's Corporate&Investment Bank is a global leader across banking, markets, and investor services. The world's most important corporations, governments, and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate&Investment Bank provides strategic advice, raises capital, manages risk, and extends liquidity in markets around the world. If you are interested in working in an environment where leadership, excellence, initiative, and diversity are amongst our core values, then we welcome you to explore the opportunities at JPMorgan. As an Associate for the Residential Structured Finance Banking team within the Securitized Products Group ("SPG"), you will be responsible for providing structured finance solutions for the U.S. residential mortgage sector. This will include all Mortgage asset classes covered in the business, for example, agency / non-agency, performing / non-performing, first-lien / junior-lien, HELOCs, servicing advances, servicing rights, and call rights. You will support the daily functions of the deal team in the underwriting of new and existing transactions as well as relationship management. Job Responsibilities: Work on complex securitization structures Assist in managing the securitization process from mandate to deal execution (working with analytics, diligence, finance, and banking teams) Prepare underwriting documents highlighting salient risks and mitigants of the transaction Prepare and analyze term sheets, offering memorandums, investor presentations, and other operative documents Coordinate and communicate with internal and external counterparties Create various presentation and marketing materials Required Qualifications, Capabilities, and Skills: Bachelor's degree with demonstrated academic excellence 3 years relevant professional experience Fluent in Excel and PowerPoint Proven time management, prioritization, and multi-tasking skills to handle multiple transactions and daily tasks Knowledge of securitization, capital markets, and mortgage credit preferred Excellent communication skills and creative problem-solving skills We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching, and more. Additional details about total compensation and benefits will be provided during the hiring process. We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Base Pay/Salary New York, NY $135,000.00 - $200,000.00 / year J-18808-Ljbffr